IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 10 NO. 6 2024
DOI: 10.56201/jafm.v10.no6.2024.pg186.198

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Financial Risk Management & Performance of Deposit Money Banks in Nigeria

Samuel Sunday Charlie (PhD, CNA) and Peter, Glory Ubong

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Abstract

The study was conducted to investigate the influence of financial risk management on performance of Deposit money banks in Nigeria. Ex-post facto research design was adopted involving use of secondary data sourced from sixteen (16) deposit money banks financials, CBN & NDIC reports for the period 2015 to 2022 on credit risk, liquidity Risk, Capital adequacy risk banks non-performing loan risk and Return on Assets (ROA). Data were analyzing panel regression model analysis. Result shows that all the parameters of financial risk management had positive influence on ROA except for credit risk that had negative effect. Conclusively, it was discovered that financial risk management has influence on driving the performance of deposit money banks. A review of banks operating environmental risk evaluation, assessment and application of best global practices for managing risk for optional result is recommended.

keywords:

Financial risk, Performance, and Deposit Money Banks in Nigeria

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